Dallas Area Residential Sales Report for October – Prosper TX

Dallas Area Residential Sales Report for October – Prosper TX

Buyers were snapping up homes during October. Sales were up 46% and pending sales climbed 45%. The average sales price did decline 1% but the median sales price rose 1%. Kind of a wash. We saw a 35% jump in the number of new listings but with all the sales the active listings fell 2%. Months of inventory now stands at 4.7 months/
Sales: 102

Average Sales Price: $495,914

Median Sales Price: $459,000

Pending Sales: 109

New Listings: 132

Active Listings: 463

Months of Inventory: 4.7

Information provided by The Real Estate Center

 

 

 

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